Atco Ltd. Class I · TSX:ACO.X
Atco Ltd. Class I — Q1 2024 Earnings Presentation
15 slides from Atco Ltd. Class I's earnings presentation, May 1, 2024
Slide 1: Disclaimer
DISCLAIMER Due to uncertainty surrounding the application of recent amendments to the Competition Act (Canada), the documents incorporated by reference herein are referenced for historical information purposes only and do not constitute active or current representations of ATCO Ltd. or any of its re
Slide 2: ATCO Ltd.
ATCO Ltd.
Slide 3: Q1 2024 highlights
✓ Adjusted EPS growth of 9% year-over-year ✓ Continued base business growth at ATCO Structures ✓ Rate base expansion in Canadian Utilities
Slide 4: Structures
ATCO Structures Our Structures business continues to focus on the expansion of its base business earnings, comprised of global space rentals and global workforce housing, with this subset of the business now representing, on average, two-thirds to three-quarters of our segment earnings. These base b
Slide 5: Neltume Ports
Neltume Ports Our Neltume Ports business continues to focus on growth and the deployment of capital — both in the form of increased ownership in our existing investments and through the pursuit of new investments for our diversified portfolio. Prior Year Current Terminal Port % Ownership" % Ownershi
Slide 6: Regulated Utilities (ATCO Energy Systems + ATCO Australia)
Regulated Utilities (ATCO Energy Systems + ATCO Australia) Mid-Year Rate Base Growth (3-year Plan)" 3.0% to 4.4% $16.7B to $17.4B Growth $1.7B per year $15.4B $2.9B to $3.2B $3.3B to $3.4B $5.3B $3.5B to $3.8B 2023 2026E mElectricity Distribution Electricity Transmission Natural Gas Distribution Nat
Slide 7: • • • • • 𝑅𝑂𝐸𝑡 𝑡 𝑡 𝑏𝑎𝑠𝑒 • o • • •
• • • • • 𝑅𝑂𝐸𝑡 𝑡 𝑡 𝑏𝑎𝑠𝑒 • o • • • •
Slide 8: EnPower Renewables - Development Pipeline
ATCO EnPower Renewables - Development Pipeline Project Province Type Total MW Forty Mile Wind Phase 1 Uprating Alberta Wind 23 MW Development Capacity! Forty Mile Solar Alberta Solar 220 MW. Alberta BESS Projects Alberta Battery 115 MW Craig Lake Wind Alberta Wind 246 MW Hand Hills Wind Alberta Wind
Slide 9: EnPower Renewables - Development Pipeline Timeline
ATCO EnPower Renewables —- Development Pipeline Timeline Commercial Operations Dates & Installed Capacities (MW)! Forty Mile Wind Uprating 23 mw Forty Mile Solar 220 ww Alberta OES Projects ES 5.00 Craig Lake Wind NY 246 ww Hand Hills Wind YT 120 mw Hand Hills Solar 120 ww Kitscoty Wind At 174 ww Fo
Slide 10: ATCO's Hydrogen Strategy and Approach
ATCO EnPower ATCO's Hydrogen Strategy and Approach Four demand pillars underpin ATCO's approach to hydrogen project development: ATCO's hydrogen strategy: Prioritizes large volume low carbon fuel demand across 3 local demand pillars Utility Decarbonization Commercial/residential heat Power generatio
Slide 11: Heartland Hydrogen Production Site
Heartland Hydrogen Production Site ✓ • • ✓ ✓ ✓ • • 1 • 3 • • ✓ • • • • • 2 • 4 • • • •
Slide 12: Key Milestone
Key Milestone 2024 2025 …… 2029 • • • • • • • • • • •
Slide 13: Forward-Looking Information Advisory
Forward-Looking Information Advisory Statements made by company representatives and information provided in this presentation may be considered forward-looking information. Such information includes, but is not limited to, references to: strategic plans, goals and targets, including ATCO’s commitmen
Slide 14: Forward-Looking Information Advisory (Continued)
Forward-Looking Information Advisory (Continued) This presentation may contain information that constitutes future-oriented financial information or financial outlook information, all of which are subject to the same assumptions, risk factors, limitations and qualifications set forth above. Readers
Slide 15: ATCO.com
ATCO a »ATCO.com canadianutilities. com Tel: 403.292.7500 ves ‘or Relations. ~ to Relations@atec 5302 Fora id Street SW Calgary, Alberta T3E 8B4 Canada